Syllabus

Syllabus

I - Monopoly

    1 -Profit Maximization

    2 - Linear Demand Curve and Monopoly

    3 - Markup Pricing

    4 - Inefficiency of Monopply

    5 - Deadweight Loss of Monopply

    6 - Natural Monopply 

    7 - What Causes  Monopolies

II - Monopolistic Behaviour

    1 - Price Discrimination

    2 - First-Degree Price Discrimination

    3 - Second-Degree Price Discrimination

    4 - Third-Degree Price Discrimination

    5 - Monopolistic Competition

III - Oligopoly

    1 - Choosing a Strategy

    2 - Quantity Leadership

    3 - Price Leadership

    4 - Comparing Price Leadership and Quantity Leadership

    5 - Simultaneous Quantity Setting

    6 - An Example Cournot Equilibrium

    7 - Adjustament to Equilíbrium

    8 - Many Firms in Cournot   Equilíbrium

    9 - Simultaneous Price Setting

    10 - Collusion

    11 - Punishment Strategies

IV- Game Theory 

    1 - The Payoff Matrix of a Game

    2 - Nash Equilíbrium 

    3 - Mixed Estrategies

    4 - The Prisoner's Dilemma

    5 - Repeated Games

    6 - Enforcing a Cartel

    7 - Sequencial Games

    8 - A Game of Entry Deterrence

V- Uncertainty

    1 - Contingent Consumption

    2 - Utility Functions and Probabilities

    3 - Expected Utility

    4 - Why Expected Utility Is Reasonable?

    5 - Risk Aversion

    6 - Diversification

    7 - Risk Spreading

VI-Asymmetric  Information 

    1 - The Market  for Lemons

    2 - Quality Choice

    3 - Adverse Selection

    4 - Moral Hazard

    5 - Moral Hazard and Adverse Selection

    6 - Signaling

    7 - Incentives

    8 - Asymmetric Information

VII-Externalidties

    1 - Smokers and Nonsmokers

    2 - Quasilinear Preferences  and the Coase  Theorem

    3 - Production Externalities

    4 - Interpretation of the Conditions

    5 - Market Signals

    6 - The Tragedy of the Commons

VIII-Public Goods

    1 - When to Provide a Public Good?

    2 - Private Provision of the Public Good

    3 - Free Riding

    4 - Diferent Levels of the Public Good

    5 - Quasilinear Preferences and Public Goods

    6 - The Free Rider Problem

    7 - Comparison to Private Goods